Work in process inventory, May 1 Work in process inventory, May 31 Materials cost in work in process inventory, May 1 Conversion cost in work in process inventory, May 1 Units started into production Units transferred to the next production department Materials cost added during May Conversion cost added during May Required: Unita 72,000 52,000 Percent Complete Materials 100% 100% Conversion 50% 308 $57,300 $ 16,700 250,000 270,800 $ 120,240 $241,060 1. Calculate the first production department's equivalent units of production for materials and conversion for May. 2. Compute the first production department's cost per equivalent unit for materials and conversion for May 3. Compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for May 4. Compute the first production department's cost of the units transferred to the next production department for materials, conversion, and in total for May. Complete this nuection hv entering vour answers in the tahe holow 3 and in total for May. Complete this question by entering your answers in the tabs below. 5 ts Required 1 Required 2 Required 3 Required 4 eBook Hint eferences Compute the first production department's cost of ending work in process inventory for materials, conversion, and in total for May. (Round your intermediate calculations to 2 decimal places.) Cost of ending work in process inventory Materials Conversion Total 392,660 42,640 < Required 2 Required 4 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Compute the first production department's cost of the units transferred to the next production department for materials, conversion, and in total for May. (Round your Intermediate calculations to 2 decimal places.) Cost of units completed and transferred out Materials 270,800 $ Conversion